Sales Tax on Discounts, Coupons and Promos When coupons or certificates are accepted by retailers as a part of the selling price of any taxable item, the value of the coupon or certificate is excludable from the tax as a cash discount, regardless of whether the...
Tell-tale signs you need to make a change and upgrade your credit card processing Still using an “old school” swipe credit card reader? Still using a separate terminal? Not yet using “chip” EMV You could be losing money and encouraging fraud Prevent fraud and...
Don’t be fooled by some credit card processor just offering “cheaper rates” Over 17 years ago and a customer asked “What’s your rate?” it was easy to simply quote a % + 20 cents. Wow has that changed. Over the past decades MasterCard and Visa, in their infinite...
Credit Card Surcharges Beginning Jan. 27, 2013, merchants such as Goldstone gained that right. Under a federal court case settlement, they can put surcharges of up to 4 percent on Visa and MasterCard transactions — which account for about 70 percent of credit card...
